Warrant Coverage

Example Definitions of "Warrant Coverage"
Warrant Coverage. Initially means $590,437.50; provided however, that upon any Advance under the Loan Agreement, Warrant Coverage shall be increased by the product of (i) the amount of such Advance times 3.8775%) up to a maximum warrant coverage of $881,250.
Warrant Coverage. Initially means $590,437.50; $787,250; provided however, that upon any Advance under the Loan Agreement, Warrant Coverage shall be increased by the product of (i) the amount of such Advance times 3.8775%) up to a maximum warrant coverage of $881,250. $1,175,000.
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Warrant Coverage. 3.0% times 50% of the amount of all Advances (as defined in the Loan Agreement) made under the Loan Agreement, if any.
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